Empowering Female Founders: Celebrating Women Entrepreneurs This International Women’s Day
11 Mar 2025
Empowering Female Founders: Supporting Women Entrepreneurs Across the North
Starting a business is a bold and ambitious decision requiring dedication, time, and resilience. The Northern Powerhouse Investment Fund II (NPIF II) was established to provide entrepreneurs with the funding they need to grow their businesses. With £50m invested since its launch in 2024, NPIF II is helping female-led businesses thrive.
The Importance of International Women’s Day
International Women’s Day is an opportunity to highlight the progress of female entrepreneurs. According to the British Business Bank’s Small Business Finance Markets 2024/25 report, female-led businesses make up between 17% and 30% of the UK’s small business community. While challenges remain, 65% of female founders report successfully securing external finance.
Overcoming Barriers to Growth
Entrepreneurs like Veronica Swindale, founder of nesma, highlight the difficult decisions female founders face. Risk perception often differs for men and women, with female entrepreneurs frequently asked more about risks than opportunities. A strong network is essential to overcoming these challenges.
The Power of Networking
Stacy McVeighty, founder of Change Accountants, emphasizes the importance of building connections early. Networking opens doors to funding, career growth, and new opportunities. Jasmine Beckett, co-founder of Patisserie Lane, advocates for collaboration among female-led businesses to drive success.
The Future for Female Entrepreneurs
The investment landscape is evolving, with more women securing funding and breaking barriers. While female-led businesses remain in the minority, NPIF II is committed to ensuring access to finance, helping women grow and scale their ventures. With the right support, women entrepreneurs will continue to thrive.